PropertyIndex

South Ridge 1

In Progress · Date not reported

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South Ridge 1 is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 450 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,981 per sqft. At AED 1,981 per sqft, South Ridge 1 prices 35% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 7.3% YoY
2.79MAED
Typical
1,981AED
PSF
Gross yield
5.6%
PIX© rent ÷ PIX© price
Sale records
450
DLD · all time
Rent contracts
1,437
Ejari · all time
South Ridge 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2.79M1,9817.3%156K5.6%
1 Bed · Apartment
911 – 1,078 sqft
2 Bed · Apartment
1,459 – 2,355 sqft
3 Bed · Apartment
1,962 – 3,621 sqft
Sales — Project-Wide450 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
27 Jul 20261 BedFloor 229151,770,0001,934+20.0%StandardStandard Sale
22 Jul 20262 BedFloor 151,4913,025,0002,029+26.0%StandardStandard Sale
25 Jun 20261 BedFloor 271,0601,825,0001,722+114.7%StandardStandard Sale
Rentals — Project-Wide1,437 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20262 BedFloor 41,635154,000940.0%Standardrenewal
12 Aug 20262 BedFloor 51,635140,00086-16.2%Entry Levelnew
10 Aug 20261 BedFloor 2691590,00098-25.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about South Ridge 1

Answered from Dubai Land Department registered transactions.

How much does a property in South Ridge 1 cost?

Property in South Ridge 1 sells at a current PIX© price of AED 1,981 per sqft, or about AED 2,791,016 for a typical unit, based on 450 sales registered with the Dubai Land Department.

When is South Ridge 1 handing over?

South Ridge 1 is under construction.

What is the rental yield in South Ridge 1?

South Ridge 1 yields 5.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,437 registered Ejari contracts.

Have prices in South Ridge 1 gone up or down?

Price per sqft has fallen -7.3% over the last 12 months, to AED 1,981, across 450 registered sales.